TiE Delhi-NCR, the world’s largest network of successful
entrepreneurs and professionals hosted the seventh edition of India Internet
Day today in the capital. The conference saw participation from
over 500 internet enthusiasts from across the nation, brought
together to go beyond prosaic and unravel the gamut of opportunities the sector
presents.

On the occasion, Geetika
Dayal, Executive Director, TiE Delhi-NCR said, “With the seventh
edition of India Internet Day, we kept a sharp focus on how the entrepreneurs
should tap into the emerging user base that hails from the corners of the
country. The conversations at the event were weaved around the third wave of
internet users, their requirements, consumption patterns and the ways in which
startups can tap into this potential user base. We also focused on the nuances
that the startups need to keep in mind to reach out to the next 300mn users.”

The day began with a
Fireside Chat between Ananth Narayanan (CEO, Myntra) and Deep
Kalra (Founder and Group CEO, Make My Trip). Ananth shared insights
around Myntra’s back-end technology where they have employed Artificial
Intelligence to predict consumer behavior – the said technology has been
harvested over the years to actually differentiate what the user will buy. This
was followed by an engaging session with Daniel Wetstein (Managing
Director, Morgan Stanley)shedding light on the evolution of Internet
economy where he highlighted the potential of internet in education and
healthcare.

Satyan Gajwani (Vice
Chairman, Times Internet) graced
the stage to kick-start the next panel session titled ‘Apps that Serve the
Masses’ with Farid Ahsan (Co-Founder, Sharechat) Ranjeet Pratap Singh
(Co-Founder & CEO) Manish Rathi (Co-Founder & CEO RailYatri) and Saurabh
Aggarwal (CEO & President, Octro). The session focused on the
importance of apps in vernacular languages to tap the next 300 Mn users. The
concluding statement reiterated that in a country like India
accessibility in top eight languages is required.

Dilip Asbe (Managing
Director, CEO, NPCI) discussed
online payments and highlighted thatUnified
Payments Interface, clocked 178.05 million transactions worth INR 24,172.6
crore in March’18. This was followed by a discussion about the future of
payments with successful entrepreneurs such as Lizzie Chapman (Founder
& CEO, Zestmoney) and Upasana Taku, (Co-Founder, Mobikwik). Nicholas Cary (Co-Founder and President, Blockchain) discussed the potential of blockchain to help
track authenticity of any commodity.